Nov. 26–The federal government has committed to spending an additional $59 million to widen and deepen the Corpus Christi Ship Channel.
This, according to a Monday announcement by the Port of Corpus Christi, brings the total federal spending on the project to $95 million or a little less than half of what it has committed to spend.
Officials said Texas is poised to become the world’s third-leading oil producer by 2019 and this will ease its growth spurt.
Specifically, deepening and widening the Corpus Christi Ship Channel is expected to add $35 billion per year in exports and save $100 million per year in transportation costs, according to U.S. Rep. Michael Cloud’s office.
Sean Strawbridge, the chief executive officer for the Port of Corpus Christi, wrote in a statement that this project will help the port handle this increased volume safely.
Charles W. Zahn, Chairman for the Port of Corpus Christi Commission, thanked Cloud, R-Victoria; Texas Senators John Cornyn and Ted Cruz; and the administration for their support.
President Donald J. Trump’s fiscal year 2019 budget already included $13 million for the project, which was appropriated by Congress in September. Cloud met with Trump on Air Force One in October, and during a speech the following day, Trump called for improving Texas’ ports.
“I was honored to make the case for the Port of Corpus Christi and thankful President Trump recognized the importance of the Port’s Channel Improvement Project,” Cloud wrote in a statement.
The federal government’s spending on marine navigation projects was outlined in a document the U.S. Army Corps of Engineers published Nov. 20. The document states $200,000 will also be spent on completing a study on the feasibility of deepening and widening the Matagorda Ship Channel, which has been discussed for many years by Calhoun County officials.
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